Coinbase Urges Australia to Fast Track Crypto Regulation: A Race Against Time
Coinbase is pushing Australia to accelerate its cryptocurrency regulation efforts, warning that the country risks falling behind in the global digital asset race. According to Coinbase\'s Asia-Pacific Managing Director, the exchange is concerned about "ongoing regulation through enforcement," especially as draft legislation for the sector is anticipated. The call to action highlights the urgency for Australia to establish itself as a leader in the digital assets space.
Coinbase Calls for Bolder Moves in Crypto Regulation
16 de abr. de 2025Coinbase is urging Australia to make bolder moves regarding the crypto industry to establish itself as a leader in the digital assets space. Australia is set to vote in our federal election, and Coinbase urged Australian voters to prioritize crypto reforms.
Clarity and Licensing: Key to Australian Crypto Growth
Australia needs to speed up putting in place more precise cryptocurrency regulation if it intends to keep up with a global race, Coinbase’s executive said today at an industry event. 25 de jul. de 2025This bill seeks to implement licensing regulations for cryptocurrency exchanges and provide clarity on custody requirements. Australia has expressed its intention to initiate a comprehensive regulatory framework.
The Shadow of Global Regulatory Scrutiny
While advocating for clear regulations in Australia, it\'s important to note global regulatory complexities. 25 de jul. de 2025The Commission filed charges against Coinbase and Binance for offering service to what it terms unregistered securities as well as improper registration, allegations which both exchanges deny. This underscores the global debate surrounding cryptocurrency regulation and the need for consistent, clear guidelines.
Regulation Through Enforcement: A Concern for Coinbase
John O’Loghlen, Coinbase’s APAC Managing Director, expressed concern about 31 de jul. de 2025Coinbase\'s Asia-Pacific Managing Director said the exchange is concerned about ongoing regulation through enforcement ahead of expected draft legislation for the sector. The call for clarity aims to foster innovation and prevent stifling the burgeoning crypto industry in Australia.